Our policymakers should be learning something from China’s leaders and the clarity of their overarching agenda
Chinese leaders rejuvenated the idea of common prosperity in August, a notion previous leaders of the Chinese Communist Party, Mao Zedong and Deng Xiaoping, alluded to repeatedly in the 1950s and 80s.
The clarity of the Chinese leaders’ overarching policy agenda is something SA policymakers should emulate to help provide the policy certainty that has been absent over the past decade. The coherence in their communication of policy removes confusion about the intended goals. Their sequencing of implementation of policy, which has been the case for the last three decades, has produced the intended results. Finally, their ability to make and live with the hard trade...
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